Varana Capital

REE Automotive is an automotive technology company specializing in the development of commercial electric vehicles, utilizing its innovative REEcorner technology. This technology integrates essential vehicle components such as steering, braking, suspension, and powertrain into a compact module located between the chassis and the wheel, allowing for a flat vehicle platform. REE's approach enables the creation of electric and autonomous vehicles of various sizes and applications, supporting a wide range of target markets. The company's solutions are fully scalable and modular, offering customers design flexibility, increased space efficiency, reduced total cost of ownership, faster development timelines, compatibility with advanced driver-assistance systems, and adherence to global safety standards. REE Automotive operates in several key markets, including Israel, Germany, the United States, and the United Kingdom.

Arcuro Medical Ltd. is a company based in Misgav, Israel, specializing in the development of a meniscus repair system designed for the anatomical repair of knee joints. Founded in 2013, the company has created the SuperBall repair system, which features a knotless, all-suture anchor and an innovative delivery mechanism. This proprietary system allows medical practitioners to perform safe and effective repairs of meniscus tears within the joint space using suture material. Arcuro Medical aims to enhance the treatment options available for knee injuries, focusing on reliability and efficacy in surgical procedures.

REE Automotive is an automotive technology company specializing in the development of commercial electric vehicles, utilizing its innovative REEcorner technology. This technology integrates essential vehicle components such as steering, braking, suspension, and powertrain into a compact module located between the chassis and the wheel, allowing for a flat vehicle platform. REE's approach enables the creation of electric and autonomous vehicles of various sizes and applications, supporting a wide range of target markets. The company's solutions are fully scalable and modular, offering customers design flexibility, increased space efficiency, reduced total cost of ownership, faster development timelines, compatibility with advanced driver-assistance systems, and adherence to global safety standards. REE Automotive operates in several key markets, including Israel, Germany, the United States, and the United Kingdom.

NeuReality is a semiconductor start-up focused on creating AI-as-a-service infrastructure to meet the demands of AI deployment across cloud, edge, and fog systems. The company specializes in purpose-built AI-centric architecture, offering a server-on-chip solution that reconfigures inference technologies like computer vision, natural language processing, and recommendation engines. This innovative approach simplifies the implementation of these technologies for companies that may lack extensive technical expertise. By replacing traditional CPU-centric models with its advanced architecture, NeuReality enables clients to reduce both costs and energy consumption, making AI more accessible and efficient for a broader range of users.

NeuReality is a semiconductor start-up focused on creating AI-as-a-service infrastructure to meet the demands of AI deployment across cloud, edge, and fog systems. The company specializes in purpose-built AI-centric architecture, offering a server-on-chip solution that reconfigures inference technologies like computer vision, natural language processing, and recommendation engines. This innovative approach simplifies the implementation of these technologies for companies that may lack extensive technical expertise. By replacing traditional CPU-centric models with its advanced architecture, NeuReality enables clients to reduce both costs and energy consumption, making AI more accessible and efficient for a broader range of users.

Stämm Biotech is a San Francisco-based company specializing in advanced bioproduction systems designed to address the scaling challenges in the biotech industry. Founded in 2014, Stämm has developed an innovative biomanufacturing solution that integrates microfluidics, electroporation, and robotics, resulting in a compact, all-in-one Bioprocessor. This system has demonstrated productivity levels at least 70 times greater than traditional bioreactors, enabling clients to miniaturize bioreactors and optimize conditions more efficiently. Stämm's technology incorporates various sensors to monitor biological, physical, and chemical variations throughout the bioprocess, facilitating a streamlined approach to microbial growth and monoclonal cell line development. By transforming large-scale biotech operations into a more manageable micro-factory network, Stämm aims to unlock significant market potential in the coming years.

Data-driven automated platform simplifying the way Middle market companies and SMEs credit is deployed and monitored over time.

TriEye Ltd. is a Tel Aviv-based company specializing in Short Wave Infrared (SWIR) sensing technology for autonomous vehicles. Founded in 2017, TriEye has developed the first CMOS-based SWIR imaging systems, enabling high-definition imaging and precise 3D sensing in various weather and lighting conditions, including darkness, rain, fog, and dust. Their innovative technology addresses the challenges of low visibility, providing reliable image data that enhances safety and reduces the risk of accidents. TriEye's solutions are designed to be cost-effective, significantly lowering costs compared to existing industry alternatives, while improving the visual capabilities necessary for the safe operation of autonomous vehicles.

Arbe Robotics Ltd. specializes in developing advanced radar systems designed for small object detection, catering primarily to the automotive industry. Founded in 2015 and headquartered in Tel Aviv, Israel, the company’s flagship product is a High-Resolution Imaging Radar system that provides a comprehensive 4D radar picture, enabling vehicles to perceive their environment under various weather and lighting conditions. Arbe's technology is integral to Advanced Driver Assistance Systems (ADAS) and supports features such as emergency braking and real-time blind spot monitoring, while also paving the way for fully autonomous driving. The company's radar detects a wide range of objects, including vehicles, bicycles, and pedestrians, using proprietary chipsets that ensure high performance at a competitive cost and power consumption. With additional offices in the United States, China, and Japan, Arbe is positioned to impact both automotive and non-automotive sectors globally.

Galileo Wheel is a startup focused on developing innovative off-road tire solutions, specifically the CupWheel, which caters to conventional and autonomous vehicles in agriculture, construction, and mining sectors. The CupWheel is designed to enhance agricultural productivity by reducing soil compaction, enabling operation in various weather conditions, and improving fuel efficiency while ensuring uninterrupted performance with its unique run-flat capability. Unlike traditional tires, CupWheels resemble tires but function like tracks, offering the benefits of both while mitigating their downsides. They are airless, operate at low inflation pressure, and provide high load capacity, excellent lateral stability, and enhanced ride comfort. In 2023, Galileo initiated sales of CupWheels for irrigation pivots and plans to launch models for tractors by the end of the year, with further sizes in development for diverse applications. The CupWheels have received approval from several agricultural original equipment manufacturers (OEMs) and are produced in India and Israel.

Stämm Biotech is a San Francisco-based company specializing in advanced bioproduction systems designed to address the scaling challenges in the biotech industry. Founded in 2014, Stämm has developed an innovative biomanufacturing solution that integrates microfluidics, electroporation, and robotics, resulting in a compact, all-in-one Bioprocessor. This system has demonstrated productivity levels at least 70 times greater than traditional bioreactors, enabling clients to miniaturize bioreactors and optimize conditions more efficiently. Stämm's technology incorporates various sensors to monitor biological, physical, and chemical variations throughout the bioprocess, facilitating a streamlined approach to microbial growth and monoclonal cell line development. By transforming large-scale biotech operations into a more manageable micro-factory network, Stämm aims to unlock significant market potential in the coming years.

NeuReality is a semiconductor start-up focused on creating AI-as-a-service infrastructure to meet the demands of AI deployment across cloud, edge, and fog systems. The company specializes in purpose-built AI-centric architecture, offering a server-on-chip solution that reconfigures inference technologies like computer vision, natural language processing, and recommendation engines. This innovative approach simplifies the implementation of these technologies for companies that may lack extensive technical expertise. By replacing traditional CPU-centric models with its advanced architecture, NeuReality enables clients to reduce both costs and energy consumption, making AI more accessible and efficient for a broader range of users.

Arbe Robotics Ltd. specializes in developing advanced radar systems designed for small object detection, catering primarily to the automotive industry. Founded in 2015 and headquartered in Tel Aviv, Israel, the company’s flagship product is a High-Resolution Imaging Radar system that provides a comprehensive 4D radar picture, enabling vehicles to perceive their environment under various weather and lighting conditions. Arbe's technology is integral to Advanced Driver Assistance Systems (ADAS) and supports features such as emergency braking and real-time blind spot monitoring, while also paving the way for fully autonomous driving. The company's radar detects a wide range of objects, including vehicles, bicycles, and pedestrians, using proprietary chipsets that ensure high performance at a competitive cost and power consumption. With additional offices in the United States, China, and Japan, Arbe is positioned to impact both automotive and non-automotive sectors globally.

NeuReality is a semiconductor start-up focused on creating AI-as-a-service infrastructure to meet the demands of AI deployment across cloud, edge, and fog systems. The company specializes in purpose-built AI-centric architecture, offering a server-on-chip solution that reconfigures inference technologies like computer vision, natural language processing, and recommendation engines. This innovative approach simplifies the implementation of these technologies for companies that may lack extensive technical expertise. By replacing traditional CPU-centric models with its advanced architecture, NeuReality enables clients to reduce both costs and energy consumption, making AI more accessible and efficient for a broader range of users.

Raft Technologies is a telecommunications company based in Tel Aviv, Israel, founded in 2013. The company specializes in developing a transcontinental communication system tailored for financial markets and algorithmic trading firms. Its innovative wireless communication technology enables ultra-low latency communication between various exchanges, facilitating direct data transfer between exchange co-locations. This low latency capability is essential for clients in high-frequency trading, as it allows them to utilize in-house technology for improved performance in their trading operations. Raft Technologies focuses on enhancing communication, networking, and monitoring systems to meet the needs of its clients in the fast-paced financial sector.

AuthID.ai specializes in secure, mobile, and biometric identity proofing and authentication services. It offers an easy-to-integrate identity-as-a-service platform that enables businesses to verify user identities quickly and accurately, replacing traditional passwords. The company's patented biometric platform ensures that enterprises "know who's behind the device," preventing cybercriminals from account takeovers. It combines digital onboarding, biometric authentication, and account recovery, providing a fast, accurate, and user-friendly identity verification experience.

Byrna Technologies Inc. is a less-lethal defense technology company that develops and manufactures equipment and munitions for personal security and law enforcement applications. The company offers a range of handheld personal security devices, including the Byrna HD, which is designed for use by civilians and private security professionals. Byrna's product lineup includes accessories compatible with its devices, as well as less-lethal munitions such as impact rounds that incapacitate individuals without causing permanent harm. The company also produces payload rounds containing chemical irritants and marking products for use with 40MM rifled launchers, catering to law enforcement, correctional services, and military markets. Byrna Technologies serves a diverse clientele across the United States, Canada, South Africa, and various international regions. Founded in 2005 and headquartered in Andover, Massachusetts, Byrna Technologies was formerly known as Security Devices International, Inc. and rebranded in March 2020.

AuthID.ai specializes in secure, mobile, and biometric identity proofing and authentication services. It offers an easy-to-integrate identity-as-a-service platform that enables businesses to verify user identities quickly and accurately, replacing traditional passwords. The company's patented biometric platform ensures that enterprises "know who's behind the device," preventing cybercriminals from account takeovers. It combines digital onboarding, biometric authentication, and account recovery, providing a fast, accurate, and user-friendly identity verification experience.

EVR Motors Ltd. is an Israeli company that specializes in the development and manufacture of electric motors and direct drive generators. Founded in 2008 and based in Petah Tikva, the company focuses on providing advanced motor technology for electric vehicles, including e-bikes, e-trucks, and battery and hybrid electric vehicles. EVR Motors has created a unique patented motor design known as the Trapezoidal Stator Radial Flux Permanent Magnet (TSRF) Motor, which offers advantages such as reduced size and weight compared to conventional motors. This innovative approach allows for high power and torque density while maintaining affordability, making it suitable for various applications, including small and large wind turbines, tidal turbines, and marine uses. With a team comprising experienced engineers and PhD holders, EVR Motors aims to deliver superior electric motor solutions to original equipment manufacturers and Tier 1 suppliers in the automotive industry.

AuthID.ai specializes in secure, mobile, and biometric identity proofing and authentication services. It offers an easy-to-integrate identity-as-a-service platform that enables businesses to verify user identities quickly and accurately, replacing traditional passwords. The company's patented biometric platform ensures that enterprises "know who's behind the device," preventing cybercriminals from account takeovers. It combines digital onboarding, biometric authentication, and account recovery, providing a fast, accurate, and user-friendly identity verification experience.

REE Automotive is an automotive technology company specializing in the development of commercial electric vehicles, utilizing its innovative REEcorner technology. This technology integrates essential vehicle components such as steering, braking, suspension, and powertrain into a compact module located between the chassis and the wheel, allowing for a flat vehicle platform. REE's approach enables the creation of electric and autonomous vehicles of various sizes and applications, supporting a wide range of target markets. The company's solutions are fully scalable and modular, offering customers design flexibility, increased space efficiency, reduced total cost of ownership, faster development timelines, compatibility with advanced driver-assistance systems, and adherence to global safety standards. REE Automotive operates in several key markets, including Israel, Germany, the United States, and the United Kingdom.

Modular Medical, Inc. is a development-stage medical device company based in San Diego, California, dedicated to the design, development, and commercialization of insulin pumps for individuals with diabetes. The company aims to address the needs of insulin-dependent patients, particularly those who still rely on daily injections for their treatment. Founded by Paul DiPerna, who previously established Tandem Diabetes Care, Modular Medical focuses on creating advanced insulin delivery systems that promote ease of use and accessibility. By leveraging modernized technology, the company seeks to enhance adoption rates among both type 1 and type 2 diabetes patients, targeting a significant segment of the market that has been underserved by existing solutions.